Home prices
Waterford's median home price is $197,600. This is about $118,780 (37%) lower compared to its surrounding areas.It is about $19,900 (9%) lower in comparison to the rest of the nation, and it is about $29,500 (12%) lower compared to the city of Worcester.
Rents
The median rent in Waterford is $1,187 a month. It is approximately $160 (11%) lower compared to other places in this area.In comparison to the rest of the nation it is about $125 (11%) higher, and it is roughly $92 (8%) higher compared to the city of Worcester.
Nearby places
New London
New London is Waterford's neighbor to the east. Its real estate prices are a little less expensive. The median home price in New London is $181,900, which works out to $15,700 (8%) lower than Waterford. Its rents are somewhat less expensive. The median rent in New London is $987 per month, which comes out to $200 (20%) lower than Waterford.
Groton
Groton is roughly 2 miles east from Waterford. Its housing prices are a little more expensive. The median home price in Groton is $221,800, which is $24,200 (10%) higher than Waterford. Rents there are a little less expensive. The median monthly rent in Groton is $1,014, which comes out to $173 (17%) lower than Waterford.
Niantic
Niantic is about 3 miles southwest from Waterford. Its real estate prices are substantially more expensive. Niantic's median home cost is $294,200, which is $96,600 (32%) higher than Waterford. Its rents are pretty similar. Niantic's median rent is $1,218 per month, which works out to $31 (2%) higher than Waterford.
Poquonock Bridge
Poquonock Bridge is about 4 miles east of Waterford. The housing prices there are somewhat less expensive. The median home in Poquonock Bridge is valued at $153,200, which comes out to $44,400 (28%) lower than Waterford. Rent there is pretty similar. The median rent in Poquonock Bridge is $1,158 a month, which comes out to $29 (2%) lower than Waterford.
Groton Long Point
Groton Long Point is approximately 5 miles east from Waterford. The real estate prices there are significantly more expensive. The median home in Groton Long Point is valued at $730,800, which is $533,200 (72%) higher than Waterford. The rent there is significantly more expensive. The median monthly rent in Groton Long Point is $2,357, which is $1,170 (49%) higher than Waterford.
